New Coventry manager Chris Coleman has vowed to move the club "in the right direction" after agreeing a three-and-a-half-year deal to take over the reins at the Ricoh Arena.
The former Fulham boss was confirmed as Iain Dowie's replacement by chairman Ray Ranson at a press conference on Tuesday.
First up for the Welshman will be the task of guiding City to Coca-Cola Championship safety, with the Sky Blues perilously perched above the drop zone in 20th place.
But he believes the infrastructure in place at the club has all the hallmarks of a Barclays Premier League side.
"I am very excited and very confident that eventually we can put the club in the right direction and we can do great things," he said. "Obviously we have all the foundations in place, I think some have already been put in place. I want to build a team to be able to compete to play in the Premier League. It sounds easy but it's not, it's very difficult and we all know that."
Coleman, 37, left Real Sociedad last month after a difference of opinion with the Spanish side's new owners - a situation not dissimilar to the one which saw Dowie depart the Sky Blues.
However, he revealed it was Ranson's five-year vision which was a key factor in him deciding to accept the role. He added: "I'm delighted to be here. I've spoken to Ray before, he shares the same vision as myself in terms of what we want to do with the football club and he has got a long-term plan and that's what attracted me to the club.
"I am under no illusions how difficult the job will be but I'm excited and very optimistic. The most important thing for me was where the club wanted to be in two or three years' time.
"We are not in an ideal position at the minute and we have got to improve to get out of that position. But I think looking at it long term it was an opportunity I didn't want to turn down and I'm very confident that we can go forward."
Ranson revealed Coleman was his "number one target" and is confident he is the man to bring success back to the club.
He said: "Chris is a progressive young manager with excellent coaching credentials and has a real desire to deliver success for our club.
"I have been flattered by the number of top-class coaches and managers who have shown an interest in managing Coventry City, but Chris was always our number one target.
"I am looking forward to working with him. We share the same passion for football and how a club should be managed. I have no doubt that he will help to take this great club forward."
City were scheduled to face Sheffield Wednesday tonight, but the game was postponed due to the Hillsborough pitch being frozen.
Coleman, whose first game in charge will come against Leicester on Saturday, revealed he would not have taken charge anyway, and admitted the news had not come as a disappointment.
"For me, I'm glad the game's off as I would have gone to the game tonight with the chairman and would have found it very difficult to sit in the stands and watch. It's another game where we can try and get three points," he added.